HALIFAX,
NS, Nov. 15, 2024 /CNW/ - Killam Apartment
REIT (TSX: KMP.UN) is pleased to announce its November 2024 monthly distribution. The
distribution of $0.06 per unit will
be paid on December 16, 2024, to
unitholders of record on November 29,
2024.
Killam Apartment REIT offers a distribution reinvestment plan
(the "DRIP"). Eligible unitholders may reinvest their cash
distributions, on each distribution payment date, in additional
units. Participating unitholders will receive an additional
distribution of units representing 3% of the amount of the
distribution reinvested pursuant to the DRIP.
About Killam Apartment REIT
Killam Apartment REIT, based in Halifax, Nova Scotia, is one of Canada's largest residential real estate
investment trusts, owning, operating, and developing a $5.3 billion portfolio of apartments and
manufactured home communities. Killam's strategy is to enhance value and
profitability by focusing on three priorities: 1) increase earnings
from existing operations, 2) expand the portfolio and diversify
geographically through accretive acquisitions, targeting newer
properties and dispositions of non-core asset, and 3) develop
high-quality properties in its core markets.
For information, please contact:
Claire Hawksworth, CPA
Senior Manager, Investor Relations
chawksworth@killamreit.com
(902) 442-5322
Note: The Toronto Stock Exchange has neither approved nor
disapproved of the information contained herein.
SOURCE Killam Apartment Real Estate Investment Trust